Mirror Mirror Fit sells gym equipment so people can exercise in the privacy of their...
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Mirror Mirror Fit sells gym equipment so people can exercise in the privacy of their homes with remote trainers. They have the Deluxe model that has a sales price of $1,000, with variable costs of $625. Requires payment of a monthly fee of $50.00. The Basic Premium model has a retail price of $800, with variable costs of $560. It also requires payment of a monthly fee of $50.00. Making the Deluxe model takes 5 hours. Making the Basic Premium model takes 2 hours. Based on your decision on the above data, Mirror Mirror Fit would prefer to manufacture which model? And what is its marginal cost
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